Updated Mar 26, 2026
NorthMarq Arranges $38 Million Refinance For Jefferson Block Multifamily In Milwaukee Wisconsin
153 North Jackson Street
$38,000,000
Units
217
Asset Type
MultiFamily
Closing
Mar 25, 2026
About this deal
AI
The property asset involved in the transaction is a multifamily midrise property located at 153 North Jackson Street in Milwaukee, WI. The asset comprises 217 units and is part of the multifamily market segment, which accommodates residential rentals.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $38,000,000
- Loan Type: Refinance
- Broker: David Link - NorthMarq
- Market Location: Milwaukee, WI
The deal was facilitated by David Link from NorthMarq, who arranged a refinance for Jefferson Block through the in-house Fannie Mae DUS platform, streamlining the financing process for this property transaction.
On the Map
$38,000,000
MultiFamily
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Players
Milwaukee MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93